$ETH

USD BEARISH SETUP – BREAKING SUPPORT, EYES ON LOWER DEMAND ZONES 🔻

Ethereum (ETHUSD) is currently trading at $2418.9, down -2.70%, and has broken its short-term support level, signalling potential further downside.

🔑 Key Levels:

Resistance: $2474.0 – recent rejection zone

Support: $2268.9 – next strong demand area below current price

📉 Trade Setup (Short):

Entry Zone: $2420 – $2440

Targets (TP):

TP1: $2268.9 (next key support)

Stop Loss (SL): $2474.0 (above recent resistance)

📊 Market Outlook: ETHUSD is losing bullish momentum after failing to hold above $2474.0 resistance, indicating sellers’ strength. A clear breakdown is visible, and unless bulls reclaim $2440+, price is likely to test the $2268.9 support area next.

💡 Risk Management: Use a tight stop loss above resistance. Do not risk more than 1-2% per trade. Maintain discipline to preserve capital and re-enter only on clean setups.

✅ Comment ‘🛑’ if you’re shorting ETH today! #ETHUSD #Ethereum #CryptoTrading #BearishSetup #RiskManagement

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